SailPoint (NASDAQ:SAIL) Issues FY 2026 Earnings Guidance

SailPoint (NASDAQ:SAIL) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.220-0.230 for the period, compared to the consensus EPS estimate of 0.220. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. SailPoint also updated its Q4 2026 guidance to 0.080-0.09 EPS.

Analysts Set New Price Targets

A number of research firms recently issued reports on SAIL. BMO Capital Markets lowered their target price on SailPoint from $27.00 to $25.00 and set an “outperform” rating on the stock in a report on Tuesday, September 9th. Wolfe Research started coverage on SailPoint in a research report on Monday, October 20th. They set an “outperform” rating and a $27.00 price target on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of SailPoint in a research note on Monday, December 1st. Stephens upgraded shares of SailPoint to a “strong-buy” rating in a report on Tuesday, August 12th. Finally, Robert W. Baird initiated coverage on shares of SailPoint in a report on Monday, October 27th. They set an “outperform” rating and a $26.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $26.24.

SailPoint Stock Up 0.1%

Shares of SAIL opened at $20.26 on Tuesday. The company has a 50-day moving average price of $20.80 and a two-hundred day moving average price of $20.83. The stock has a market cap of $11.28 billion and a price-to-earnings ratio of -4.81. SailPoint has a 12 month low of $15.05 and a 12 month high of $26.35.

SailPoint (NASDAQ:SAIL) last announced its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. The firm’s revenue for the quarter was up 19.8% on a year-over-year basis. SailPoint has set its FY 2026 guidance at 0.220-0.230 EPS and its Q4 2026 guidance at 0.080-0.09 EPS.

Insider Activity at SailPoint

In other news, General Counsel Christopher Schmitt sold 34,186 shares of the business’s stock in a transaction that occurred on Thursday, October 9th. The stock was sold at an average price of $22.42, for a total value of $766,450.12. Following the transaction, the general counsel directly owned 1,069,864 shares of the company’s stock, valued at $23,986,350.88. The trade was a 3.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Abby Payne sold 31,481 shares of SailPoint stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $22.42, for a total value of $705,804.02. Following the completion of the transaction, the insider owned 702,683 shares of the company’s stock, valued at approximately $15,754,152.86. The trade was a 4.29% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,026,454 shares of company stock valued at $23,056,195.

Hedge Funds Weigh In On SailPoint

A number of large investors have recently modified their holdings of SAIL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in SailPoint in the 2nd quarter worth approximately $64,453,000. UBS Group AG lifted its stake in shares of SailPoint by 116.3% during the third quarter. UBS Group AG now owns 4,128,038 shares of the company’s stock valued at $91,147,000 after acquiring an additional 2,219,593 shares during the period. Ameriprise Financial Inc. boosted its holdings in SailPoint by 175.9% in the third quarter. Ameriprise Financial Inc. now owns 1,594,605 shares of the company’s stock valued at $35,209,000 after acquiring an additional 1,016,724 shares during the last quarter. Daventry Group LP bought a new stake in SailPoint during the 3rd quarter worth about $18,548,000. Finally, Bank of America Corp DE lifted its position in SailPoint by 124.1% during the 3rd quarter. Bank of America Corp DE now owns 1,115,750 shares of the company’s stock valued at $24,636,000 after purchasing an additional 617,833 shares during the period.

About SailPoint

SailPoint, Inc delivers solutions to enable comprehensive identity security for the enterprise. Its solutions enable organizations to establish, control, and automate policies that help them define and maintain a robust security posture and achieve regulatory compliance. The company was founded by Mark David McClain in 2005 and is headquartered in Austin, TX.